405 Mallard Baye
Closed 2/1/24
Closed 2/1/24
Description
A one owner home which has never been on the market before. Cherokee Lake main channel views and year-round lakefront access. At a sales price lower than what neighboring homes have sold for. Is this what you've been searching for? We listed, and sold, a smaller home, in this same community a few months ago for a higher price. Further away from the main channel, in a cove, where access to the lake disappears during the fall, winter and early spring months. That home was listed for $769,900. This...A one owner home which has never been on the market before. Cherokee Lake main channel views and year-round lakefront access. At a sales price lower than what neighboring homes have sold for. Is this what you've been searching for? We listed, and sold, a smaller home, in this same community a few months ago for a higher price. Further away from the main channel, in a cove, where access to the lake disappears during the fall, winter and early spring months. That home was listed for $769,900. This home has more square footage, better unobstructed views of Cherokee Lake, and access to the main channel of Cherokee Lake year-round. Why is this one listed for less? The bathrooms, kitchen, and living spaces could be updated. So, the listing price reflects this. If it wasn't for that, the sales price would be in the vicinity of $800,000. And if you try to build this square footage on this lakefront lot the price would be even higher. So, take the savings and update the home all at once, or a bit at a time. Your call. However, one of the most expensive items to replace in a home is the roof. The roof was replaced in 2021. That's a major expense that you will not have to deal with. The heat pump has been refurbished. The large windows facing the road have been replaced. The dishwasher is one year old. The washer and dryer, five years. The refrigerator and range, ten years old. So, the guts of the home are good. The updating will be left up to the buyer to design as they so choose. A main feature of the home is its backyard which flows straight into Cherokee Lake. You want to put in a swimming pool? You have the space for it. You want to build your own boat ramp? You can. You want your own private dock? You can. What does that mean? On most TVA controlled lakefronts, Cherokee Lake included, TVA will not grant you a permit to place a private dock. Various reasons why TVA has designated those areas as non-dockable. But TVA rules, so we must abide by their restrictions. But, with this home, you can have your own private dock. A bonus to the backyard is that it is level enough to put your boats in the water without having to build a boat ramp. The home has three levels of living space, with plenty of privacy for family members, but ease of living and access. The living area, kitchen, laundry room, fireplace, primary bedroom, and bathroom, and a second bedroom are on the main level. As well as access to the deck facing Cherokee Lake. There is another bedroom on the upper level, with its own private deck, and another bathroom. And in the basement, there is a fourth room being used as a fourth bedroom, a third bathroom, and more living space with its own fireplace. The basement is fully completed and finished with its own entrance, so you don't have to fool with stairs. Have friends that wish to spend the night? They can. Family members that want their own privacy? They can. A one car attached garage on the main level, with another garage facing the lake that can be used for water toys, storage, or as the current owner has done, a workshop. Tennessee, which has NO State Income Tax and some of the lowest property taxes in the nation. Four full, mild seasons. When there is 4 feet of snow on the ground up north, the ground is barely moist here! Within an 8-hour drive of 20 states, and the Great Smoky Mountains in its backyard. Located in Grainger County, with its scenic farmland, but close to all necessary amenities. Jefferson Memorial Hospital is 12.8 miles. Walmart and Lowe's are 14 miles. Cherokee Dam, with facilities for docking, grilling, a public beach, walking trails, restrooms, a pavilion, and campground is 9 miles. See accompanying photos. Grainger County Park with pavilions for family gatherings, walking trails, playgrounds, and boat ramp is less than 3 miles. Knoxville is 37 miles. So, if you work in Knoxville, settle in Grainger County, where you pay lower property taxes and get more property for the money.
- Listed by Felix Valdes • Cherokee Lake Realty
Property Details for 405 Mallard Baye
Architectural Style
Contemporary
Sub division NameMallard Baye Phase 1
ViewMountain View, Lake
Style ContemporaryTrue
LISTING CLOSED: 02/01/2024 12:00 AM
Property Details for 405 Mallard Baye
| Status | Closed |
|---|---|
| MLS # | 1242385 |
| Days on Market | 63 |
| Taxes | $1,658 / year |
| HOA Fees | $100 / year |
| Condo/Co-op Fees | - |
| Property Type | Single Family |
| MLS Type | Single Family / Residential |
| Year Built | 1992 |
| Lot Size | 0.53 AC / 23,086 SF |
| County | Grainger County |
Location
Listing Courtesy of Cherokee Lake Realty, Felix Valdes
Sold By Non-Member Office, Non Member Non Member
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Building Information for 405 Mallard Baye
Stories-Year Built1992Building Size-Lot Size0.53 AC / 23,086 SF
Payment Calculator
$3,450 per month
30 year fixed, 6.55% Interest
Principal and Interest
$3,304
Property Taxes
$138
HOA Dues
$8
The Payment Calculator is for illustrative purposes only.
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1Property Information for 405 Mallard Baye
Summary
Location and General Information
- City: Rutledge
- County Or Parish: Grainger County - 45
- Directions: Off Lakeshore Drive enter Mallard Baye and make an immediate right. Follow the curve, the home will be on the left.
- FrontageType: Lakefront
- Latitude: 36.232128
- Longitude: -83.440361
- MLS Area Major: Grainger County - 45
- MLS Area Minor: Grainger County - 45
- Postal Code: 37861
- State Or Province: TN
- View Lake: True
- View Lakefront: True
- View Mountain View: True
- Location Tax Legal Info Area: Grainger County - 45
- Remarks Misc Directions: Off Lakeshore Drive enter Mallard Baye and make an immediate right. Follow the curve, the home will be on the left.
- Amenities Available Lake: true
Parking
- Attached Garage: Yes
- Parking Features: On-Street Parking, Garage Door Opener, Attached, Main Level, Off-Street Parking
- Atchd Dtchd Type Detached: True
- Garage Parking Attached: True
- Garage Parking Garage Door Opener: True
- Garage Parking Main Level: True
- Garage Parking Off-Street Parking: True
- Garage Parking On-Street Parking: True
- Garage Parking Garage Spaces: 1.0
Taxes and HOA Information
- Association Fee: 100.0
- Association Fee Includes: Grounds Maintenance
- Association: true
- Association Fee Frequency: Yearly
- Parcel Number: 076D A 012.00
- Association Fee Incl Grounds Maintenance: True
- Location Tax Legal Info Total Tax: 1658.15
- General Property Description HOA Fee: 100.0
- General Property Description HOA Freq: Yearly
- General Property Description HOA Contact: Mallard Baye
- General Property Description HOA: Voluntary
Virtual Tour
- Virtual Tours Count: 0
Property
Lot Information
- Lot Size Area: 0.53
- Lot Size Units: Acres
- Lot Size Square Feet: 23086.8
- Year Built: 1992
- Lot Features: Lakefront, Lake Access
- Building Area Total: 2985.0
- Living Area Source: Tax Records
- Lot Size Acres: 0.53
- Lot Size Source: Tax Records
- General Property Description SqFt - Main Lvl: 1496.0
- General Property Description SqFt - Down Lvl: 1200.0
- General Property Description SqFt - 2nd Flr Lvl: 289.0
- General Property Description SqFt - 3rd Flr Lvl: 0.0
- General Property Description SqFt - Source: Tax Records
- General Property Description Acres: 0.53
- General Property Description Acre Source: Tax Records
- General Property Description Site Built: Yes
- Lot Description Lake Access: True
- Lot Description Lakefront: True
Property and Assessments
- Possession: At Closing
- Sign On Property: Yes
- Property Attached: No
- Property Type Label: Single Family
- Floor Plans Count: 0
- Property Type: Single Family
- Property Sub Type: Residential
- Possession At Closing: True
Utilities
- General Property Description Sewer: Septic Tank
- Fuel Electric: True
- Fuel Propane: True
- Misc Features Internet Available: True
- Sewer Septic Tank: True
- Water Well: True
Interior and Exterior Features
Exterior Features
- Exterior Features: Porch - Covered, Deck, Cable Available (TV Only)
- Construction Materials: Vinyl, Block
- Siding Vinyl: True
- Exterior Features Cable Available (TV Only): True
- Exterior Features Deck: True
- Exterior Features Porch - Covered: True
- Misc Features Handicap Accessible: True
- Misc Features Pantry: True
Interior Features
- Beds Total: 3
- Baths Full: 3
- Baths Half: 0
- Cooling: Central Cooling, Ceiling Fan(s)
- Fireplaces Total: 2
- Fireplace: Yes
- Bathrooms Total Integer: 3
- Cooling Details: Yes
- Kitchen Appliances: Dishwasher, Dryer, Handicapped Equipped, Self Cleaning Oven, Refrigerator, Microwave, Washer
- Basement: Yes
- Heating Details: Heat Pump, Propane, Electric
- Fireplace Features: Gas Log
- Flooring: Laminate, Carpet, Vinyl, Tile
- Heating: Yes
- Fireplace Gas Log: True
- Cooling Ceiling Fan(s): True
- Cooling Central Cooling: True
- Floors Carpet: True
- Floors Laminate: True
- Floors Tile: True
- Floors Vinyl: True
- Basement Finished: True
- Basement Plumbed: True
- Basement Walkout: True
- General Property Description Number of Bedrooms: 3
- General Property Description Number of Rooms: 15
- General Property Description Fireplace: Yes
- General Property Description Number of Fireplace: 2.0
- General Property Description Basement: Yes
- General Property Description Bonus Room: Yes
- General Property Description Extra Storage: Yes
- Heat - Heat Pump: True
- Dining Area Breakfast Room: True
- Dining Area Eat-in Kitchen: True
- Appliances Dishwasher: True
- Appliances Dryer: True
- Appliances Handicapped Equipped: True
- Appliances Microwave: True
- Appliances Range: True
- Appliances Refrigerator: True
- Appliances Self Cleaning Oven: True
- Appliances Washer: True
- Other Rooms Basement Rec Room: True
- Other Rooms Breakfast Room: True
- Other Rooms Extra Storage: True
- Other Rooms Family Room: True
- Other Rooms Laundry Utility: True
- Other Rooms Mstr Bdrm Main Level: True
- Other Rooms Workshop: True
- Misc Features Cathedral Ceiling: True
- Misc Features Drapes: True
- Misc Features Island in Kitchen: True
- Misc Features Walk-in Closets: True
- Misc Features Walk-in Shower: True
- Misc Features WasherDryer Connect: True
Room Information
Room
- Rooms Total: 15
Room 1
- RoomType: Master Bedroom
Room 2
- Room Type: Bedroom 2
Room 3
- Room Type: Bedroom 3
Room 4
- Room Type: Bedroom 4
Room 5
- Room Type: Garage
Room 6
- Room Type: Kitchen
Room 7
- Room Type: Eat In Breakfast Area
Room 8
- Room Type: Living Room
Room 9
- Room Type: Utility Room
Room 10
- Room Type: Bathroom
Room 11
- Room Type: Bathroom
Room 12
- Room Type: Bathroom
Rental
Rent Information
- General Property Description Restrictions: Yes
- Tenant Expenses Cooling: Central Cooling,Ceiling Fan(s)
- Tenant Expenses Heating: Heat Pump,Propane,Electric
Property History for 405 Mallard Baye
| Date | Event & Source | Price | Appreciation |
|---|---|---|---|
| Feb 1, 2024 | Closed KAARMLS #1242385 | $650,000 | — |
| Dec 7, 2023 | Contract - Not Showing KAARMLS #1242385 | — | |
| Oct 10, 2023 | Listed (Active) KAARMLS #1242385 | $690,900 | — |
| Feb 6, 2023 | Closed (Public Record) Public Record #1527076153 | $650,000 | — |
| Date | Event & Source | Price |
|---|---|---|
| 02/01/2024 | Closed KAARMLS #1242385 | $650,000 |
| 12/07/2023 | Contract - Not Showing KAARMLS #1242385 | — |
| 10/10/2023 | Listed (Active) KAARMLS #1242385 | $690,900 |
| 02/06/2023 | Closed (Public Record) Public Record #1527076153 | $650,000 |
For completeness, we often displays two records for one sale: the MLS record and the public record.
Public Records for 405 Mallard Baye
Taxable ValueLand$20,075Additions$57,975Total$78,050
Tax Record2025$1,834 ($153 / month)
Home Facts
Beds0Total Finished SqFt2,985 SqFtAbove Grade Finished SqFt1,785 SqFtFinished Basement SqFt1,200 SqFtUnfinished Basement SqFt336 SqFtStories2Lot Size23,087 SqFtStyleSingle Family ResidenceYear Built1992Year Renovated1996CountyGRAINGERAPN076D A 01200Fireplace TypeHas Fireplace
Schools near 405 Mallard Baye
This home is within Grainger County School District.
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 1 | |||
| Public - | 2 to 6 | |||
| Public - | 7 to 8 | |||
| Public - | 9 to 12 |
Rating | School | Distance |
|---|---|---|
Rutledge Primary School PublicPK to 1 | ||
Rutledge Elementary School Public2 to 6 | ||
Rutledge Middle School Public7 to 8 | ||
Grainger High School Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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$275,000 | 2 | 4 | 3,600 | 0.76 | |
$230,000 | – | 2 | 2,079 | 0.79 | |
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$86,500 | – | – | – | 0.74 | |
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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties make no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.
Listing Courtesy of Cherokee Lake Realty, Felix Valdes
The information is being provided by MTRMLS, Inc. Properties marked with the MTRMLS logo are provided courtesy of the RealTracs Internet Data Exchange Program. Information is believed to be accurate but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2026 MTRMLS, Inc. All Rights Reserved. Last updated: 02/02/2024 05:12 AM